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Riverfront Manufacturing Building
For Sale
$600,000

401 E 2nd Street, Owensboro, KY 42303

COMMERCIAL - Owensboro, KY

Property SizeContact for details
Days on Market52

Property Features for 401 E 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Garage
Subdivision DOWNTOWN
Standard status Active

Utilities

Heating system Natural Gas

Building Details

Building materials Brick
Listing Agency: BHG Realty
Listed By: John Ross Martin · License #300719
Added: Jun 22 Changed: Aug 4 Last Checked: Aug 12 at 12:06AM
MLS# 95168

Copyright © 2026 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The former Wright Machine Company building is a brick industrial property at 401 E 2nd Street in Owensboro. Its I-2 Industrial zoning accommodates a range of stated possibilities, including manufacturing, warehouse, office, commercial, mixed-use redevelopment, entertainment, and adaptive reuse. Natural gas heating and garage parking are also in place.

The property sits along the Ohio River in downtown Owensboro, near restaurants, entertainment venues, attractions, and the city’s business district. Its riverfront setting and existing industrial character provide a basis for continued industrial occupancy or a broader redevelopment concept, subject to applicable approvals and use requirements.

Key Highlights

  • I‑2 Industrial zoning
  • Former Wright Machine Company building
  • Brick construction

Property Analytics

Current Use

Hampton Inn & Suites ... Hotel & Motel Lure Seafood & Grille Restaurant Changes Salon Spa Hair Salon Adams & Sons Men's ... Clothing & Fashion Store Buds Tweentique Clothing Store

Suggested Use

Top Pick Dental Office Real Estate Agency Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,310
Businesses Nearby

Demographics for 42303, KY

41,877
Population
18,055
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
89%
High-School Grad
48.8 sq mi
ZIP Area
858
Density / Sq Mi
$63,010
Median Household Income
$41,272
Median Earnings
$941
Median Rent
$183,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - I-2-zoned property with brick construction, garage parking, and potential for manufacturing, warehouse, office, or mixed-use applications.
Where is this manufacturing property located?
The property is located at 401 E 2nd Street Owensboro, KY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: I‑2 Industrial zoning; Former Wright Machine Company building; Brick construction
More about this property
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